Michael Hennigan - Marathon Petroleum President, Chief Executive Officer, Director

MPN Stock  EUR 146.56  0.54  0.37%   

CEO

Michael Hennigan is President, Chief Executive Officer, Director of Marathon Petroleum Corp since 2020.
Age 64
Tenure 4 years
Phone419 422 2121
Webhttps://www.marathonpetroleum.com

Marathon Petroleum Management Efficiency

The company has return on total asset (ROA) of 0.1409 % which means that it generated a profit of $0.1409 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4654 %, meaning that it generated $0.4654 on every $100 dollars invested by stockholders. Marathon Petroleum's management efficiency ratios could be used to measure how well Marathon Petroleum manages its routine affairs as well as how well it operates its assets and liabilities.
Marathon Petroleum Corp has accumulated 24.97 B in total debt with debt to equity ratio (D/E) of 0.81, which is about average as compared to similar companies. Marathon Petroleum Corp has a current ratio of 1.94, which is within standard range for the sector. Debt can assist Marathon Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Marathon Petroleum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Marathon Petroleum Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Marathon to invest in growth at high rates of return. When we think about Marathon Petroleum's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CEO Age

Bradley SoultzWillScot Mobile Mini
54
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio. MARATHON PETROLEUM operates under Oil Gas Refining Marketing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 57900 people. Marathon Petroleum Corp (MPN) is traded on Frankfurt Exchange in Germany and employs 17,800 people.

Management Performance

Marathon Petroleum Corp Leadership Team

Elected by the shareholders, the Marathon Petroleum's board of directors comprises two types of representatives: Marathon Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marathon. The board's role is to monitor Marathon Petroleum's management team and ensure that shareholders' interests are well served. Marathon Petroleum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marathon Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
Evan Bayh, Independent Director
Kim Rucker, Independent Director
Rick Hessling, Senior Vice President - Crude Oil Supply and Logistics
Kristina Kazarian, Vice President - Investor Relations Officer
David Sauber, Senior Vice President - Labor Relations, Operations, Health and Administrative Services
D Linhardt, Vice President - Tax
Ehren Powell, Senior Vice President Chief Digital Officer
Suzanne Gagle, Vice President General Counsel
David Heppner, Vice President - Commercial and Business Development
John Quaid, Vice President and Controller, Principal Accounting Officer
Steven Davis, Independent Director
James Wilkins, Vice President - Environment, Safety and Security
Molly Benson, Vice President, Chief Securities, Governance & Compliance Officer and Corporate Secretary
Richard Hernandez, Senior Vice President - Eastern Refining Operations
J Stice, Independent Director
Karma Thomson, Vice President - Corporate Affairs
Jonathan Cohen, Executive Vice Chairman of the Board
James Rohr, Lead Independent Director
Brian Partee, Vice President - Business Development
Timothy Griffith, Vice President - Finance and Investor Relations, and Treasurer
Raymond Brooks, Executive Vice President - Refining
Carl Hagedorn, Controller VP
Brian Davis, Executive Vice President Chief Commercial Officer
Charles Bunch, Independent Director
Edward Galante, Independent Director
Fiona Laird, Chief Human Resource Officer
Donald Wehrly, Chief Information Officer, Vice President
Michael Hennigan, President, Chief Executive Officer, Director
Timothy Harris, VP Officer
Thomas Kaczynski, Vice President - Finance, Treasurer
Maryann Mannen, Chief Financial Officer, Executive Vice President
David Whikehart, Senior Vice President - Light Products, Supply and Logistics
C Case, Senior Vice President - Western Refining Operations
Susan Tomasky, Independent Director
John Swearingen, Vice President - Health, Environmental, Safety & Security
John Surma, Non-Executive Chairman of the Board
Abdulaziz Alkhayyal, Independent Director
Glenn Plumby, Executive Vice President and Chief Operating Officer, Speedway LLC
Donald Templin, Chief Financial Officer, Executive Vice President

Marathon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marathon Petroleum a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Marathon Stock

When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.